Thrivent Financial for Lutherans Buys 4,909 Shares of iShares U.S. Financials ETF $IYF

Thrivent Financial for Lutherans boosted its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 141,296 shares of the company’s stock after purchasing an additional 4,909 shares during the quarter. Thrivent Financial for Lutherans owned about 0.43% of iShares U.S. Financials ETF worth $18,217,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IYF. AQR Capital Management LLC bought a new stake in shares of iShares U.S. Financials ETF in the first quarter worth about $426,000. Integrated Wealth Concepts LLC lifted its position in shares of iShares U.S. Financials ETF by 45.7% in the first quarter. Integrated Wealth Concepts LLC now owns 4,282 shares of the company’s stock worth $483,000 after buying an additional 1,343 shares in the last quarter. Jane Street Group LLC bought a new position in iShares U.S. Financials ETF during the first quarter valued at approximately $247,000. Focus Partners Wealth grew its holdings in iShares U.S. Financials ETF by 8.6% during the 1st quarter. Focus Partners Wealth now owns 2,093 shares of the company’s stock valued at $236,000 after buying an additional 165 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in iShares U.S. Financials ETF by 33.7% during the 2nd quarter. First Trust Advisors LP now owns 2,557 shares of the company’s stock valued at $309,000 after buying an additional 645 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

NYSEARCA:IYF opened at $122.99 on Tuesday. The company has a market cap of $3.37 billion, a price-to-earnings ratio of 16.42 and a beta of 0.92. iShares U.S. Financials ETF has a 1 year low of $113.12 and a 1 year high of $133.54. The stock’s 50 day simple moving average is $120.73 and its two-hundred day simple moving average is $124.46.

iShares U.S. Financials ETF Profile

iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.